NCERT explained

11th NCERT Business Studies Chapter 7

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– Stages in the formation of a company

– Documents required for the incorporation of a company

– Prospectus and its necessity for every company

– Return of Allotment

– Interaction with SEBI during company formation

– Promotion of a company: Understanding what it entails and the legal position of promoters

– Memorandum of Association: Definition and explanation of its clauses

– Difference between Memorandum of Association and Articles of Association

– Meaning of Certificate of Incorporation

– Steps of formation of a company

– Name approval process during company incorporation

– Identification of business opportunity by promoters

– Feasibility studies (technical, financial, economic) conducted by promoters

– Functions and responsibilities of promoters

– Incorporation of a company: Application process and necessary documents to be submitted

– Position of promoters in relation to the company

Name the stages in the formation of a company.

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List the documents required for the incorporation of a company.

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What is a prospectus? Is it necessary for every company to file a prospectus?

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Briefly explain the term 'Return of Allotment'.

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At which stage in the formation of a company does it interact with SEBI?

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